The government on Wednesday increased the minimum support price (MSP) for paddy by Rs 72 to Rs 2,441 per quintal for the 2026-27 kharif marketing season.

The decision was approved by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi.

Under the revised rates, the MSP for common variety paddy has been fixed at Rs 2,441 per quintal, while the MSP for A-grade paddy has been raised to Rs 2,461 per quintal for the upcoming kharif marketing season beginning September-October 2026.